Settings8H · net · $10k
Funding arb · Price arb /

PENDLE

all PENDLE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment $0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Paradex against Bitget+0.001%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget PENDLEUSDT2.46830.0100pay 0.0100% / 8h4h 41m$3.7M$2.4M75x
ShortParadex PENDLE-USD-PERP2.46830.0100get 0.0100% / 8h4h 41m$35K$13K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex against Bitget. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.001% → 0.000%
$0.11
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$15.89
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 2 min ago; Paradex: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 2 min ago5.07 bp15.3 bp −$1541.9 bp −$419doesn't fitdoesn't fit
Sell Paradex no order-book sample
Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

PENDLE on 30 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective PENDLE/USDC PERP−0.4334%1h2.4400−1.147%$2K$54K5.5xas long as short
BloFin PENDLE-USDT−0.0076%8h2.4688+0.020%$1.2M$627K75xas long as short
Extended PENDLE-USD−0.0064%1h2.4684+0.002%$159K$570K10xas long as short
MEXC PENDLE_USDT−0.0061%8h2.4697+0.057%$17.3M$1.9M125xas long as short
Binance PENDLEUSDT−0.0060%8h2.4693+0.041%$26.2M$44.1M75xas long as short
Aster PENDLEUSDT−0.0039%8h2.4694+0.043%$47K$178K10xas long as short
Orderly PERP_PENDLE_USDC−0.0035%8h2.4697+0.057%$19K$15K10xas long as short
Gate PENDLE_USDT−0.0005%8h2.4690+0.028%$717K$1.1M75xas long as short
dYdX PENDLE-USD0.0000%1h2.4678−0.019%$10K5xas long as short
Deribit PENDLE_USDC-PERPETUAL0.0000%1h2.4700+0.069%$25K$14K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni PENDLE+0.0039%8h2.4660−0.091%$563K$1.7Mas long as short
Reya PENDLERUSDPERP+0.0063%1h2.4695+0.049%$3K15xas long as short
Aevo PENDLE-PERP+0.0064%1h2.4686+0.012%$26K3xas long as short
GRVT PENDLE_USDT_Perp+0.0086%8h2.4668−0.060%$408K$1.8M10xas long as short
Lighter PENDLE+0.0096%1h2.4696+0.053%$527K$414K5xas long as short
Paradex PENDLE-USD-PERPshort+0.0100%8h2.4683+0.001%$35K$13K10x
Bybit PENDLEUSDT+0.0100%8h2.4678−0.020%$14.6M$12.3M50xas long as short
OKX PENDLE-USDT-SWAP+0.0100%4h2.4700+0.069%$3.1M$6.2M50xas long as short
KuCoin PENDLEUSDTM+0.0100%8h2.4692+0.036%$868K$583K50xas long as short
Bitget PENDLEUSDTlong+0.0100%8h2.4683long leg$3.7M$2.4M75x
BingX PENDLE-USDT+0.0100%8h2.4696+0.053%$8.6Mas long as short
edgeX PENDLEUSDC+0.0100%4h2.4676−0.027%$24K$376K10xas long as short
ApeX Omni PENDLEUSDT+0.0100%1h2.4675−0.032%$75K$235K50xas long as short
Polymarket Perps PENDLE-USD+0.0100%1h2.4714+0.126%$16K$8K5xas long as short
SunX PENDLE-USDT+0.0100%8h2.4708+0.101%$1K$1.8M20xas long as short
GMX PENDLE/USD [PENDLE-USDC]L +0.0196% / S −0.0222%1h2.4698+0.060%$5K100xas long as short
Hyperliquid PENDLE+0.0447%1h2.4745+0.251%$12.9M$6.3M5xas long as short
Backpack PENDLE_USDC_PERP+0.0586%1h2.4740+0.231%$356K$477K15xas long as short
Coinbase International PENDLE-PERP-INTX+0.0608%1h2.4730+0.190%$148K$494K25xas long as short
Kraken Futures PF_PENDLEUSD+0.1177%1h2.4711+0.113%$115K$277K20xas long as short